2023
Exports
$141MWorld Rnk 42 / 219
Flag Rnk 48 / 1166
2023
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.86Rnk 6 / 1025
2023
Imports
$202MWorld Rnk 60 / 226
Flag Rnk 37 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $141M in Machinery Having Individual Functions, making it the 42nd largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 48th most exported product in New Zealand. The main destination of Machinery Having Individual Functions exports from New Zealand are: United States ($71.3M), Japan ($26M), Australia ($23.1M), Malaysia ($2.91M), and Chile ($2.26M).

The fastest growing export markets for Machinery Having Individual Functions of New Zealand between 2022 and 2023 were Australia ($12.7M), Japan ($8.1M), and Malaysia ($2.62M).

Imports In 2023, New Zealand imported $202M in Machinery Having Individual Functions, becoming the 60th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 37th most imported product in New Zealand. New Zealand imports Machinery Having Individual Functions primarily from: China ($40.6M), United States ($27.6M), Germany ($27.2M), Australia ($20.3M), and Japan ($17.9M).

The fastest growing import markets in Machinery Having Individual Functions for New Zealand between 2022 and 2023 were Japan ($11.8M), Italy ($861k), and Singapore ($821k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Machinery Having Individual Functions. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$141M
IMPORTS (2023)$202M
NET TRADE (2023)-$61M

In 2023, New Zealand exported $141M in Machinery Having Individual Functions. The main destinations of New Zealand exports on Machinery Having Individual Functions were United States ($71.3M), Japan ($26M), Australia ($23.1M), Malaysia ($2.91M), and Chile ($2.26M).

In 2023, New Zealand imported $202M in Machinery Having Individual Functions, mainly from China ($40.6M), United States ($27.6M), Germany ($27.2M), Australia ($20.3M), and Japan ($17.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Australia$12.7M (123%)
Japan$8.1M (45.3%)
Malaysia$2.62M (907%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY New Zealand WERE (2022 - 2023):
United States-$19.4M (-21.4%)
South Korea-$3.96M (-98.7%)
Netherlands-$1.73M (-76.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, New Zealand's main exporting competitors in Machinery Having Individual Functions were:
In 2023, New Zealand's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $8.26M
TOP IMPORT POTENTIALChina+ $12.2M

Machinery Having Individual Functions’s highest export potential is United States. With an export gap of $8.26M.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $12.2M.

See methodology.

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